Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A furniture manufacturer produces both large desks and small desks (in whole numbers). Each type of desk is made entirely out of pine or entirely

A furniture manufacturer produces both large desks and small desks (in whole numbers). Each type of desk is made entirely out of pine or entirely out of cherry. A total of 1000 board feet of pine and 1100 board feet of cherry are available for producing desks each month. A large desk requires either 40 board feet of pine or 35 board feet of cherry. A small desk requires either 20 board feet of pine or 25 board feet of cherry. Each large desk can be sold for $200, and each small desk can be sold for $125. Assume that this company can sell all of the desks it produces each month. Determine how this furniture manufacturer can maximize its total revenue. Construct and solve the model by using Solver.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions